The Poverty of Abundance

The Poverty of Abundance : Hoover, the Nation, the Depression

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A study of the initial attempts to revive the nation's economy and morale during the Hoover Administrationshow more

Product details

  • Paperback | 296 pages
  • 129.54 x 198.12 x 15.24mm | 294.83g
  • Oxford University Press Inc
  • New York, United States
  • English
  • New edition
  • New edition
  • 0195007603
  • 9780195007602

Review Text

This story of "Hoover, the Nation, and the Depression," as the subject is defined in the subtitle, is the sad tale of a man who "allowed himself to be put in the position of seeming to quibble with distress." And that, for a politician, was "an absolutely untenable position." Mr. Romasco has developed his narrative of the initial attempts to cope with an essentially new kind of crisis in a very thorough fashion, and while he leaves no room for doubting the final verdict, his is certainly not a vindictive indictment of either Hoover or the sort of "enlightened conservatism" which, through Hoover, "had its day in the court of public opinion" between 1929 and 1933. In fact, every possible opportunity has been granted here for the Republican program of voluntary cooperation to exonerate itself. Decentralization was simply not authoritative enough; nor were the leaders of government or industry strong enough, or willing enough, to assume the responsibility. Only greatly extended federal power could do the job and since this was one thing Hoover feard most, it was left to his successor.... The inferences to be drawn from this study seem very conclusive and are validated by Romasco's disinterested analysis. Still special. (Kirkus Reviews)show more

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